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545 SE 157th Ave, Portland, OR, 97233

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,439 SqFt
$203/SqFt
House
Schools Nearby

Location

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545 SE 157th Ave, Portland$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStreet Parking, Paved
Year Built1912
CoolingCentral Air
BasementYes
MLS #23558409
Lot Size0.19 Acres
StatusActive

About 545 SE 157th Ave

Buyers Investment Opportunity. Updated Duplex with potential to be converted into 4 plex. Main unit (545) features 6 bedrooms and 3 baths w/many upgrades. The Second unit (541) in back features 3 bedrooms and 1.1 baths with updates and lots of natural daylight as well. Total square footage of 2 units is 4323 per county records. Other improvements/upgrades include, Updated windows throughout, new lighting, new gutters and new siding. All electrical upgraded to code. Tankless water heaters, New split-level heating & cooling system in main living area, new wall mounted electric heaters in rooms. Laundry hookups in both units. A spacious lot with a fenced yard offers potential for other development opportunities. Buyer encouraged to verify & do own due diligence. Opportunity knocks for the right Investor buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Stories: 3
  • Living Area: 4,439 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Office Phone: (503) 652-1235
  • Listing Agent: Michael Bryant

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking, Paved

Lot Features

Lot Information:

  • Lot: Level, Trees
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Centennial High School, Public District Grades 9-12
  • Centennial Middle School, Public District Grades 7-8
  • Oliver Elementary School, Public District Grades KG-6
  • Parklane Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: South on SE Stark to 157th & right, property on right side of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $203/SqFt
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$537.4K

Med. Price/SqFt

$315

Avg. Days On Market

36

# of Sold Homes

774

545 SE 157th Ave vs Portland

48 DAYS ON ROCKET

+12 Days

$899,000

+$361.5K More

$203/SqFt

-$112 Less

KEY TAKEAWAY

This property is $361.5K more than the Median Sold Price and $112/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23558409

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Office Phone: (503) 652-1235
  • Listing Agent: Michael Bryant

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 1:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5345900
5
/10
  • Oliver Elementary School

  • 15840 SE Taylor St

  • 0.22 miles

  • Public District Grades KG-6

school-card-donut-5345901
2
/10
  • Parklane Elementary School

  • 15811 SE Main St

  • 0.28 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5345902
6
/10
  • Centennial Middle School

  • 17650 SE Brooklyn St

  • 1.59 miles

  • Public District Grades 7-8

High School

school-card-donut-5345903
5
/10
  • Centennial High School

  • 3505 SE 182nd Ave

  • 1.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,563. Residents of Portland, OR typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 545 SE 157th Ave

What is the listing price of this property?

The listing price of 545 SE 157th Ave property is $899,000.

What type of property is this?

The property 545 SE 157th Ave is a house located in Portland, Oregon, 97233.

Is this property for sale now?

Active Listing: 545 SE 157th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 545 SE 157th Ave are:
Oliver Elementary School: GreatSchools Rating 5/10
Parklane Elementary School: GreatSchools Rating 2/10
Centennial Middle School: GreatSchools Rating 6/10
Centennial High School: GreatSchools Rating 5/10

What is the square footage of this property?

The property 545 SE 157th Ave is 4,439 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 545 SE 157th Ave is 1912.

Rocket Homes›Oregon›Multnomah County›Portland›97233›545 SE 157th Ave

This home is located at 545 SE 157th Ave in Portland, OR and zip code 97233 in the East Portland neighborhood. This 4,439 square foot home, which was built in 1912, sits on a 0.19 acre lot. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $899,000.

Portland, OR housing market in April 2024 saw over 338 listings sold above listed price, more than 166 sold at listed price and over 270 sold below. The inventory of homes for sale in Portland, OR between March 2024 and April 2024 increased by 19.3%. Listings spent 36 days on the market in April 2024, and had a median list price of $537,475 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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